Interest Free Car Finance

aka_shortie

Anyone know of any dealers offering 0% finance on used cars?

Just looking for a new motor and wondered if anyone had seen any good deals about?

opinions4u

How do you think a 0 deal is funded?

Seek out the best price for the car.

rev_henry

If the car isn't too expensive (probably £10k max ish for the credit limit) and you've a good credit rating use a 0% credit card. Although you'll probably have to pay a surcharge for using said card.

motorguy

aka_shortie wrote: »

Anyone know of any dealers offering 0% finance on used cars?

Just looking for a new motor and wondered if anyone had seen any good deals about?

0% deals are funded on new cars by the manufacturer - its a back door way of offering a discount but protects the cars residuals.

As has been said, any used car offer for 0% finance will be funded by the dealer - out of the profit margin hes added onto the car in the first place.

aka_shortie

Good idea, never thought about using a 0% card. When my car sells should have 8k so only looking to spend an extra 5 k tbh.

motorguy

aka_shortie wrote: »

Good idea, never thought about using a 0% card. When my car sells should have 8k so only looking to spend an extra 5 k tbh.

there will be an approx 2% charge and confirm in advance if the dealer is willing to take a card payment for that amount.